News on Mergers and Acquisitions from Australia

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PepsiCo acquires seed potato business Dowling AgriTech
October 16, 2025
PepsiCo acquires Australian seed potato business Dowling AgriTech
PepsiCo has acquired Australian seed potato business Dowling AgriTech (DAT) to strengthen seed supply, drive innovation, and support grower partnerships across the Asia-Pacific region.
Agronico potato field in bloom (Variety Atlantic) in Tasmania, Australia
August 27, 2023
Simplot to acquire Agronico, Tasmania’s largest seed potato producer
Agronico, Tasmania’s largest seed potato producer, has entered into an agreement for Simplot to acquire the business and property assets of Agronico.
Mitolo Family Farms enters into strategic partnership with Ontario Teachers’ Pension Plan
April 11, 2023
Canadian pension fund acquires majority stake in Mitolo Family Farms, Australia's largest potato supplier
Ontario Teachers’ Pension Plan Board, a Canadian pension fund, acquires the majority stake in Mitolo Family Farms, the largest potato grower and packer in Australia.
Graham Dugdale, Managing Director of Simplot Australia
July 11, 2022
Simplot Australia announces USD 70 million investment in vegetable processing in New South Wales, Australia
Simplot Australia has announced an AUD 65 million (about USD 44 million) upgrade to its Bathurst manufacturing facility and acquisiton of farming land in the Central West region of New South Wales valued at AUD 40 million.
North-West Growth: Terrence Rattray at his Yum Tasmanian Gourmet Potato factory at East Devonport recently purchased Perfecta Produce diversifying into onions and cherries (Courtesy: Simon Sturzaker)
March 20, 2021
Tasmanian Potato producer diversifies after buying Perfecta Produce
Innovative, specialist fresh potato producers Terrence and Wendy Rattray are diversifying after buying Perfecta Produce and further expanding the substantial agricultural business in the fertile North-West food bowl.
Frank (left) and John Mitolo (right), have begun this season's potato harvest after a strong year of sales throughout the coronavirus pandemic.
November 10, 2020
Strengthened by the acquisition of the TFI Potato business, the Mitolo Group Pty Ltd starts a new potato season in South Australia
The recent finalization of a takeover of Thomas Foods International’s potato business and a spike in demand through the coronavirus pandemic has cemented Mitolo Group as Australia’s largest fresh spud producer.
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Daly Potato Company acquired by Pure Foods Tasmania Limited
September 11, 2020
Daly Potato Company acquired by Pure Foods Tasmania Limited
Pure Foods Tasmania Limited has agreed to buy the business and assets of Daly Potato Company Pty Ltd (DPC) for $1.8M with a mixture of cash and shares, subject to working capital adjustments.
Shaking up the industry: how tna developed the world’s first end-to-end snack production solution
September 04, 2020
Founders Alf and Nadia Taylor reflect on the history of tna, supplier of complete processing lines for the snack industry
It has been an exciting journey for tna over the last few years. From developing our very own manufacturing service line in Melbourne in the 80s, to making some key acquisitions that helped shape our entire offering, we have come a long way.
Transforming potato waste into a new industry for Australia
March 06, 2020
Transforming potato waste into a new industry for Australia
Four of the largest potato producers in Australia want to convert 100% of their potato waste into commercial benefit through their partnership with the Fight Food Waste Cooperative Research Centre (CRC).
Collaborative discussion between seed potato schemes
July 22, 2019
Collaborative discussion between seed potato schemes
On 10 May, a meeting was held between AuSPICA, members of the Tasmanian Certified Seed Potato Scheme (known as TasSeed) and invited industry representatives.
The Intersnack group owns a wide range of savory snacks brands, some of which can be seen in the image above.
July 19, 2019
Intersnack Group to acquire 40% of Universal Robina Oceania
Philippine-based food company Universal Robina (URC) has announced the divestiture of a 40% stake in its Oceania subsidiary, URC Oceania, to the German snack food manufacturer Intersnack.
Lamb Weston has entered into an agreement to purchase Ready Meals Pty Ltd, a frozen potato processor in Australia. (Courtesy: Rawpixel | Pixabay)
June 24, 2019
Lamb Weston Signs Agreement to Acquire Australian Frozen Potato Processor Ready Meals Pty Ltd
Lamb Weston Holdings, Inc. announced that it has entered into an agreement to acquire Ready Meals Pty Ltd (Ready Meals), a frozen potato processor in Australia.
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Lamb Weston Holdings, Inc. announced today that it has acquired Marvel Packers Pty Ltd , a frozen potato processor in Australia. Marvel Packers Pty Ltd, operates frozen potato processing and storage facilities (for frozen product) in Hallam, Victoria.
(C
December 21, 2018
Lamb Weston acquires Australian Potato Processor Marvel Packers
Lamb Weston Holdings, Inc. announced today that it has acquired Marvel Packers Pty Ltd , a frozen potato processor in Australia. Marvel operates frozen potato processing and storage facilities (for frozen product) in Hallam, Victoria.
Key Technologies and Heat and Control
August 21, 2018
Key Technology and Heat and Control Form Strategic Partnership in Australia, New Zealand and India
Processing Equipment manufacturers Key Technology, Inc. and Heat and Control Pty Ltd. announced that they have entered into a strategic partnership to support customers in Australia, New Zealand and India.
From the archive
Joint stand of Ishida and Heat and Control
April 09, 2018
Global Heat and Control - Ishida Alliance to offer 'end-to-end' snack processing solutions
Ishida and Heat and Control are establishing a stronger collaborative alliance to provide food industry customers with full 'end to end' processing and packaging solutions.
From the archive
South Australian fresh produce company the Mitolo Group has taken control of all South Australian-owned farms of bankrupt Oakville Produce, as well as packaging businesses in Brisbane, Melbourne and Sydney - as of September 23.
October 04, 2016
The Mitolo Group buys major parts of bankrupt Oakville Produce - formerly Australia's largest fresh potato supplier
According to a Deloitte spokesman South Australian fresh produce company the Mitolo Group had taken control of all South Australian-owned farms of bankrupt Oakville Produce, as well as packaging businesses in Brisbane, Melbourne and Sydney - as of September 23.
From the archive
Overview of the brands of Snack Brands Australia
August 30, 2016
Snack Brands Australia to be acquired by Universal Robina Corporation of the Phillipines
Universal Robina Corporation (URC), one of the largest branded consumer food and beverage product companies in the Philippines, is to buy Snack Brands Australia, according to a Snack Brands Australia statement dated August 17.
From the archive
Last year at the 2015 National Horticultural Convention the Oakville Produce team were excited to showcase their exclusive potato varieties
May 22, 2016
Oakville Produce: How can a company supplying 23 percent of Australia's potato market go bankrupt?
After Oakville Produce (formerly known as the Moraitis Group) entered receivership earlier this month, questions arise how that could happen to a company good for almost a quarter of the Australian Potato market.
From the archive

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